bankrupt (bangkrupt)

[ We cast off the care of all future thrift because we are already bankrupted. Hammond. Iron-clads, more than anything else, bankrupted Turkey. N. A. Rev., CXLIII. 214. 21. To reduce to beggary; exhaust the resources of. Fat paunches have lean pates; and dainty bits Make rich the ribs, but banker out the wits. Shak ., L. L. L., 1. 1. II.t in trans. To become bankrupt; fail or become insolvent. or cor bankruptcy (bangk'rupt-si), n. [ bankrupt + -cy.] 1. The state of being bankrupt or insolvent; inability to pay all debts; failure in trade. In law , specifically, the status of a person or poration that by reason of insolvency has been adjudicated a bankrupt. 2. Figuratively, utter wreck; ruin. - Act of bankruptcy, in law , an act the commi ion of which by a debtor renders him liable to be adjudged a bankrupt. Among acts of bankruptcy are the a ignment of his property by a debtor to a trustee for the benefit of his creditors; the making of a transfer of any of his property in fraud of his creditors, or the concealment or removal of it to evade legal proce ; departing from the country, or remaining out of it, in order to defeat or delay creditors; the filing in court of a declaration of inability to pay debts; non-payment of debts under certain other circumstances defined by the law as indicating insolvency. - A ignee in bankruptcy. See a ignee . - Bankruptcy commis sioner, or register in bankruptcy, a judicial officer empowered, subject to the supervision of the court, to investigate and adjudicate upon the affairs of bankrupts.Bankruptcy laws, the statutory regulations under which the property of an insolvent may be distributed aniong his creditors, with the double object of enforcing a complete discovery and an equitable distribution of the property, and of discharging the debtor from his obligations and from future molestation by his creditors. Formerly, only a trader could be made a bankrupt under the bankruptcy laws, other persons who were unable to meet their obligations being insolvents . The distinction was abolished in the United States in 1841 and in Great Britain in 1869. In the United States, Congre has the power of enacting bankruptcy laws which shall be uniform throughout the country. These laws are administered by the federal of the shaft, who superintends the sorting and loading of the coal. [Eng.] Gresley. bank-stock (bangk's tok), n. The capital of a bank. In England the term is applied chiefly to the stock of the Bank of England. The stock of other English joint-stock banks is divided into shares. bank-swallow (bangk's wol"ō), n. or Cotile riparia , a very common bird of Eu- IMG:content-1636.png:[graphic] 3. An ensign or flag bearing a badge or em- blem, as of a society or order, and borne in proce ions. Banners were early used in the proces- sions of the Christian church, usually of the form adopted by Const an tine. It consisted of a square cloth suspended from a cro -bar near the top of a gilt pole, bearing or surmounted by the sacred symbol. See labarum . 4. Figuratively, anything displayed as a pro- fe ion of principles. Thou hast given a banner to them that fear thee, that it may be displayed because of the truth. Ps. lx. 4. IMG:content-1637.png:[graphic] IMG:content-1638.png:[blocks in formation] a method of working coal in use in South Yorkshire, England, and in some of the North Welsh collieries, combining some of the pecu- liarities of the pillar system with those of the long-wall system. banky (bang'ki), a. [ bank1 + -y.] Full of banks or ridges; ridgy; hilly. [Rare.] banlieue (ban'lū), n. [F. (in ML. banleuca , bannum leuca ), ban , command, jurisdiction, + lieue , league, also an indefinite extent of ter- ritory. Cf. G. bann - meile in same sense: see ban1 and league2 .] The territory without the walls, but within the legal limits, of a town or city. Sometimes erroneously spelled banlieu , as if from French lieu , a place. merly also banks all , -saul, -soll, repr. Malay bannat1 (ban'at), n. Scotch form of bonnet . bangsal , Beng. bankçāl , bank açālā , lit. hall of bannat2, n. See ban at . ere, banere , baniere , F. bannière , band ière = Pr. bandieira , bannieira = Sp. bander a Pg. bandeira = It. bandier a , bandari a ( bander i a after Rom.), bandum , a standard, Goth. bandwa , bandwo , a sign, token, prob. akin to E. bind and bandı , q. v.] I. n. 1. The a pole or staff, which in former times served as the standard of a sovereign, lord, or knight, after which he and his followers marched to war, and which served as a rallying-point in battle; hence, the flag or standard of a coun- try, army, troop, etc.; a standard or ensign. Hang out our banners on the outward walls; The cry is still, "They come!" Our castle's strength Will laugh a siege to scorn. Shak ., Macbeth, v. 5. 2. In her ., a square flag which in the middle ages was the ensign of a knight banneret. Instances are related of a knight companion being made a knight banneret on the field of battle, the mark of his promotion being the tearing off of the points of his pennon, leaving the flag square. In modern usage, any square flag is termed a banner when it bears heraldic devices. The most familiar instance is the royal banner of England, commonly called the royal standard; but other heraldic banners are used in the funeral ceremonies of knights of the Garter and the higher nobility. [In Solothurn] on the death of an avoyer, the banneret succeeds to his place. J. Adams , Works, IV. 335. banner le (ban'ér-les), a . [ banner + -le . ] Having no banner. J. H. Je e. banner man (ban'ér-man), n.; pl. banner men (men). 1. A standard-bearer; a bannerer.- 2. A person belonging to one of the eight ban- ners into which the Manchus are marshaled. are supposed to have been worn as ornaments in prehistoric times, or held in the hand as badges of authority. They have an eye for the insertion of a handle. Some banner - stones of striped slate have been found in Camillus, and one on Skaneateles Lake [New York]. Smithsonian Rep ., 1881, p. 657. banner-vane (ban'ėr-vān), n. A weather-vane having the shape of a banner, balanced by a weight on the other side of the staff.